Latest World Trade Organization News
World Trade Organization slightly raises 2024 goods trade forecast but wary of potential setbacks
GENEVA (AP) — The World Trade Organization raised its outlook for global goods trade this year slightly, but cautioned Thursday that increasing geopolitical tensions and uncertainty over economy policy pose “substantial” risks to its forecast. The Geneva-based WTO projected...
China puts provisional tariffs on European brandy after EU OKs duties on Chinese EVs
BEIJING (AP) — Chinese drinkers may pay more for Remy Martin and other European brandies after the government announced on Tuesday provisional tariffs of 30.6% to 39% on those liquors, four days after a majority of European Union countries approved duties on electric vehicles made in China. ...
Fruit and seafood are the latest front in escalating Taiwan-China tensions
TAIPEI, Taiwan (AP) — Taiwan said Thursday that China's ban on imports of its fruit, vegetables, seafood and other goods violates trade rules, in the latest escalation of tensions between the self-governing island republic and its massive neighbor, which claims Taiwan as its own territory and has...
China files WTO complaint against EU over tariffs on electric vehicles
BEIJING (AP) — The Chinese government said Friday it has filed a complaint with the World Trade Organization over European Union tariffs on electric vehicles made in China. The Commerce Ministry said that China had resorted to the WTO dispute settlement mechanism “to safeguard...
